What do banks look for? Are there any loan officers/underwriters here that can chime in?
Here is what I know. I believe that loan officers make about 1% on loan amount. So, they are always looking for solid invest...
I'm just starting as a wholesaler. I spoke to a realtor about this and he was interested in partnering with me. Never been clear on laws regarding assignments in NJ so I was planning on doing double close. He told me ...
Hi everyone.I want to know how much you have paid for your water submeter. Please include how many units/submeters you purchased. I am only interested in knowing the cost of the submeter itself; plumbing, installation...
Greetings:
I am a small timer but I own three rental properties. Currently, I have a CPA that I have been using a few years. I am not an expert in this area, but it seems that I am the one that has to point out to ...
Hello everyone,I am looking at purchasing a property in East Cleveland, however, I have been hitting some road blocks when it comes to finding a property manager. I realize East Cleveland isn't as nice, but I'm less c...
I stumbled upon what I believe is a niche in my local market and I want some thoughts and feedback.
Two years ago I had to move pretty quick for a year and I left my house and all my furnishings behind. I put...
I recently started a new job for a partnership of wholesalers. I will be working as a property scout to dig up deals for them.
The purpose of this thread is to document my experience for everyone else to observe a...
We recently bought a house that was built in 1950 and remodeled in the 70s for 78k cash. The market value for a house this size in this neighborhood that has been improved is around 135k and it needed about 4k for ba...
New member here with some questions!My brother and I are looking into buying a 6plex under a LLC with a 5 year balloon mortgage amortized over 20 years. The loan will require 15% down with 85% financed. I will be prov...
Hi,
I just found this fantastic forum while surfing for info. For the last three years I've owned multiple rental properties in an undesirable area in California with good cash flow. Because of the nature of the are...